Funding arb · Price arb /

ENA

all ENA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: SunX against MEXC−2.520%7-day average −2.369% · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on MEXC Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.039%+$4 on $10k

Price spread, last 3 days (all we have)+0.311%+$31 · spread now −2.520%, 7d avg −2.369%

Together, before fees+0.350%+$35 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: SunX is 0.151% cheaper against MEXC than usual: you would sell low and buy high, −$15 on $10k if it goes back to its 7-day average of −2.369%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC ENA_USDT	0.2131	0.0100	pay 0.0050% / 4h	14m 29s	$46.7M	$45.6M	200x
Short	SunX ENA-USDT	0.2078	0.0100	get 0.0050% / 4h	14m 29s	$895	$826K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX against MEXC. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee MEXCbpFee SunXbpOrdersPrice spread, now −2.520%Rate

Funding earned: $0
Price spread: −2.520% → −2.369%: −$15.05
Slippage, 4 orders: no order book: not counted
Fee MEXC: 0 bp × 2 orders: $0
Fee SunX: 4 bp × 2 orders: −$8
Net: −$23.05
Costs to cover: 0.080%
Break-even: never at this rate

Slippage unknown: MEXC: live order book, 4 min ago; SunX: live order book, 48 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy MEXC live order book, 4 min ago	0.23 bp	0.7 bp −$1	6.2 bp −$62	36.0 bp −$3,596	47.9 bp −$23.9K
Sell SunX live order book, 48 min ago	265.66 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit

ENA on 42 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Orderly PERP_ENA_USDC	−0.0002%	4h	0.2130	−0.038%	$41K	$24K	10x	as long as short
Deribit ENA_USDC-PERPETUAL	0.0000%	1h	0.2132	+0.009%	$92K	$1.7M	50x	as long as short
gTrade (Gains Network) ENA/USD	L +0.0003% / S −0.0003%	1h	0.2130	−0.078%	$97K	—	150x	as long as short
Injective ENA/USDC PERP	+0.0033%	1h	0.2123	−0.371%	$522	$57K	5.5x	as long as short
Backpack ENA_USDC_PERP	+0.0056%	1h	0.2134	+0.108%	$378K	$446K	5x	as long as short
Popdex ENAUSDT	+0.0096%	1h	0.2131	−0.014%	$64K	$526K	50x	as long as short
Nado ENA-PERP	+0.0100%	1h	0.2131	−0.016%	$683K	$1.8M	10x	as long as short
Aster ENAUSDT	+0.0100%	4h	0.2132	+0.042%	$1.5M	$3.3M	50x	as long as short
Pacifica ENA	+0.0100%	1h	0.2132	+0.014%	$412K	$561K	10x	as long as short
Binance ENAUSDT	+0.0100%	4h	0.2131	−0.019%	$131.7M	$450.9M	75x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit ENAUSDT	+0.0100%	4h	0.2131	−0.023%	$89.7M	$189.5M	50x	as long as short
OKX ENA-USDT-SWAP	+0.0100%	4h	0.2130	−0.061%	$20.7M	$111.3M	50x	as long as short
Ondo Perps ENA-USD.P	+0.0100%	1h	0.2129	−0.108%	$15K	$396K	5x	as long as short
Arcus ENA-USD	+0.0100%	1h	0.2132	+0.033%	$84K	$222K	10x	as long as short
Bulk ENA-USD	+0.0100%	1h	0.2121	−0.483%	$89K	$500	10x	as long as short
Gate ENA_USDT	+0.0100%	4h	0.2131	−0.019%	$10.9M	$21.5M	50x	as long as short
MEXC ENA_USDTlong	+0.0100%	4h	0.2131	long leg	$46.7M	$45.6M	200x
KuCoin ENAUSDTM	+0.0100%	4h	0.2132	+0.052%	$24.7M	$16.4M	75x	as long as short
Bitget ENAUSDT	+0.0100%	4h	0.2129	−0.099%	$48.3M	$63.7M	75x	as long as short
BingX ENA-USDC	+0.0100%	4h	0.2131	−0.005%	—	$6.5M	—	as long as short
Variational Omni ENA	+0.0100%	4h	0.2128	−0.134%	$3.9M	$10.2M	—	as long as short
edgeX ENAUSDC	+0.0100%	4h	0.2123	−0.369%	$252K	$7.6M	20x	as long as short
GRVT ENA_USDT_Perp	+0.0100%	4h	0.2123	−0.374%	$363K	$4.7M	10x	as long as short
ApeX Omni ENAUSDT	+0.0100%	1h	0.2125	−0.296%	$34K	$713K	50x	as long as short
Polymarket Perps ENA-USD	+0.0100%	1h	0.2130	−0.038%	$180K	$2.4M	10x	as long as short
SunX ENA-USDTshort	+0.0100%	4h	0.2078	−2.520%	$895	$826K	20x
SoDEX ENA-USD	+0.0100%	1h	0.2131	−0.014%	$4K	$11K	10x	as long as short
HTX ENA-USDT	+0.0100%	4h	0.2130	−0.042%	$276K	$1.4M	50x	as long as short
Phemex ENAUSDT	+0.0100%	4h	0.2131	−0.014%	$2.0M	$9.2M	50x	as long as short
Paradex ENA-USD-PERP	+0.0100%	8h	0.2131	−0.003%	$48K	$221	10x	as long as short
Aevo ENA-PERP	+0.0104%	1h	0.2131	−0.022%	$78K	$11K	3x	as long as short
Phoenix ENA	+0.0189%	1h	0.2125	−0.310%	$7K	$347K	10x	as long as short
01 Exchange ENAUSD	+0.0200%	1h	0.2134	+0.117%	$4K	$302	10x	as long as short
Extended ENA-USD	+0.0208%	1h	0.2131	0.000%	$1.6M	$4.2M	50x	as long as short
Kraken Futures PF_ENAUSD	+0.0239%	1h	0.2133	+0.084%	$2.7M	$5.3M	50x	as long as short
GMX ENA/USD [ETH-USDC]	L +0.0250% / S −0.0434%	1h	0.2129	−0.091%	$38K	—	100x	as long as short
BloFin ENA-USDT	+0.0340%	4h	0.2128	−0.150%	$5.6M	$6.0M	75x	as long as short
Reya ENARUSDPERP	+0.0412%	1h	0.2129	−0.092%	$1K	$5K	15x	as long as short
Lighter ENA	+0.0552%	1h	0.2134	+0.131%	$5.7M	$12.9M	10x	as long as short
Coinbase International ENA-PERP-INTX	+0.0552%	1h	0.2134	+0.113%	$842K	$2.0M	50x	as long as short
Hyperliquid ENA	+0.0762%	1h	0.2135	+0.178%	$115.0M	$78.4M	10x	as long as short
dYdX ENA-USD	+0.1365%	1h	0.2132	+0.018%	$141K	$15K	5x	as long as short